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National Enterprise Policy Dimensions and Sustainability of Micro, Small and Medium Enterprises (MSMEs)
Journal of African Business Pub Date : 2020-11-07 , DOI: 10.1080/15228916.2020.1838838
Salome Anyebe Onyeje 1 , Timinepere Ogele Court 2, 3 , Emmanuel Kalu Agbaeze 1
Affiliation  

ABSTRACT

This paper investigates the effectiveness of national enterprise policy on the sustainability of micro, small and medium enterprises in Nigeria. Previous studies focus on economic policies and managerial factors that stimulate the growth of small and Medium Enterprises. There is a departure in this study by evaluating the effectiveness of the current national enterprise policy on micro, small and medium enterprises (MSMEs) for sustainability of MSMEs in Nigeria. A cross sectional survey design was employed while the method of data collection was structured questionnaire. The data were collected from a sample of 506 respondents and were analyzed using descriptive and inferential statistics. The study finds that dimensions of national enterprise policy had significant effect on the sustainability of MSMEs. We conclude that the policy dimensions of legal-regulatory, human resources development, finance, infrastructure, marketing, technology, research and development contributed to the sustainability of MSMEs in Nigeria. We recommend that Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) should reinforce sustainability of MSMEs through capacity building programs for the workforce and owners in Nigeria. We further recommend that the Federal and State Ministries of Works should provide MSME-based infrastructure to reduce the cost of operations and thereby increase profitability levels to sustain MSMEs.



中文翻译:

国家企业政策层面和中小微企业 (MSME) 的可持续性

摘要

本文调查了国家企业政策对尼日利亚微型、中小型企业可持续性的有效性。以前的研究集中在刺激中小企业成长的经济政策和管理因素上。本研究通过评估现行国家企业政策对中小微企业 (MSME) 对尼日利亚中小微企业可持续发展的有效性进行了评估。采用横断面调查设计,数据收集方法为结构化问卷。这些数据是从 506 名受访者的样本中收集的,并使用描述性和推论性统计数据进行分析。研究发现,国家企业政策的维度对中小微企业的可持续性有显着影响。我们得出的结论是,法律监管、人力资源开发、金融、基础设施、营销、技术、研发等政策层面有助于尼日利亚中小微企业的可持续性。我们建议尼日利亚中小企业发展署 (SMEDAN) 通过针对尼日利亚劳动力和业主的能力建设计划来加强 MSME 的可持续性。我们进一步建议联邦和州工程部应提供基于 MSME 的基础设施,以降低运营成本,从而提高盈利水平以维持 MSME。我们建议尼日利亚中小企业发展署 (SMEDAN) 通过针对尼日利亚劳动力和业主的能力建设计划来加强 MSME 的可持续性。我们进一步建议联邦和州工程部应提供基于 MSME 的基础设施,以降低运营成本,从而提高盈利水平以维持 MSME。我们建议尼日利亚中小企业发展署 (SMEDAN) 通过针对尼日利亚劳动力和业主的能力建设计划来加强 MSME 的可持续性。我们进一步建议联邦和州工程部应提供基于 MSME 的基础设施,以降低运营成本,从而提高盈利水平以维持 MSME。

更新日期:2020-11-07
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